Advanced Micro Devices Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Advanced Micro Devices Inc. (AMD) rose 3.53% to $109.45 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.18% to 4,515.77 and the Dow Jones Industrial Average rising 0.33% to 34,837.71.
Advanced Micro Devices Inc. closed $23.38 short of its 52-week high ($132.83), which the company achieved on June 13th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as NVIDIA Corp. (NVDA) fell 1.71% to $485.09, Intel Corp. (INTC) rose 4.18% to $36.61, and Applied Materials Inc. (AMAT) rose 0.81% to $153.99.
Trading volume (54.6 M) remained 8.7 million below its 50-day average volume of 63.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 1, 2023.
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September 01, 2023 16:37 ET (20:37 GMT)
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